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Author Topic: Bitcoin vs Altcoin environment  (Read 402 times)
1miau
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January 21, 2022, 01:41:02 AM
 #41

Yes.  Smiley
Wow congrats. I assume you are either a validator or delegating those tokens you have right.

No, I'm not a validator and also not a delegator.  Cheesy
I'm not a validator because setting up and maintaining it is quite difficult (I'm not a coder). I have read a review about it and it should get easier sometime later.
But I'm also not a delegator because PoS validating / delegating is still not clear by German law. Austria has defined a law which will be applicable in February but Germany has not published such a law yet.

Avalanche has a capped supply anyways.  Smiley

cryptoaddictchie (OP)
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January 21, 2022, 02:40:04 AM
 #42

~snipped
Oh I thought you are since Ive since you early promoting it during their campaign that time before they launch. I remember it cause Ive also joined their campaign that time. Can you give me your honest opinion, about its growth? Like their random sampling tech. Their all about subnets and Im sure thats a unique approach when it comes to delegation and result of a good voting on their network.

1miau
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January 22, 2022, 12:50:27 AM
 #43

Can you give me your honest opinion, about its growth? Like their random sampling tech. Their all about subnets and Im sure thats a unique approach when it comes to delegation and result of a good voting on their network.
What's your question exactly?  Cheesy
It's growing like similar TOP 10 Altcoins, especially from new DeFi applications but also inventing new applications like subnets (like you said) and ILOs.
Growth can be seen by specific statistics here: https://stats.avax.network/dashboard/c-chain-activity (c-chain)

But I don't know if it's off-topic here, maybe it's a question for their ANN or if you need more detailed questions, for an official dev.

Mpamaegbu
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January 22, 2022, 09:03:37 AM
 #44

If you are fudding altcoins but you do any of the above then what are you hypocrite?
Honestly, I also laugh real hard when I read here about users calling anything aside Bitcoin shitcoins. It's even more hilarious when I read about my compatriots louding and cheering that point of view here. I'm cocksure that these compatriots have enough alts they're bagholding. Why join in fudding while you're also secretly patronising and hodling the same thing? Sincerely, that attitude beats me hallow too.

Am I the only who cares to defend that not all altcoins are scam? I'm betting not.
But of course, you're not the only one. There is a battalion behind you. Those who lambast and categorize all alts as shitcoins will advise investors to buy from top listed alts if they wanted to safeguard their investments. To me, that sounds ambivalence. Quiet alright, Bitcoin is the pathfinder in this industry but that doesn't distort the fact that there are great alts too.

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cryptoaddictchie (OP)
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January 22, 2022, 09:07:40 AM
Merited by Mpamaegbu (1)
 #45

Quiet alright, Bitcoin is the pathfinder in this industry but that doesn't distort the fact that there are great alts too.
There is no denying that the bitcoin will always be the number 1 project in crypto and even at the time like this, its the only one that create volatility on overall market. But in terms of usage to such application theres no doubt there are far more greater to do with alts, Im not talkimg about peer to peer transactions since its the only usefulness of bitcoin unlike altcoins which can be used on defi product that works similarly like bank. Anyway, lets just fight for what we understand about it. Not everybody are on the same boat and has different perspective when it comes to this.

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January 22, 2022, 09:34:23 AM
 #46

Im not talkimg about peer to peer transactions since its the only usefulness of bitcoin unlike altcoins which can be used on defi product that works similarly like bank.
I know Bitcoin maxis won't like this comment 🤔. But if they will be honest with themselves they should know that ETH and most alts have this over Bitcoin. No matter how centralised they want to classify certain alts and condemn them, they should never be in a hurry to forget the usecases of these alts. Most of these alts continually advance this crypto industry. That's a fact. Sentiments apart. That buttresses the point that we've to be objective in our assessments at all time, not minding whose ox is gawd.

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cryptoaddictchie (OP)
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January 22, 2022, 09:40:12 AM
 #47

I know Bitcoin maxis won't like this comment 🤔. But if they will be honest with themselves they should know that ETH and most alts have this over Bitcoin. No matter how centralised they want to classify certain alts and condemn them, they should never be in a hurry to forget the usecases of these alts.
Im just telling the truth mate. I also used bitcoin but other than holding it, trading or used it on peer to peer, honestly I dont know what else could be of used. Yes can be used for payment to some establishment but its the same with altcoins too. But can you used bitcoin, on some use case such as nft? staking? (own platform probably impossible its not PoS) or gaming or anything? Aside from holdinh and trading. Maxis will definitely outline negative of altcoins for sure. Of course I know of them too. Those shitcoins or pnd coins. But when I refer to altcoin environment, I am specifically aimign for thise uselful one.

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